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Are You a Candidate for a Tax Headache?

Does your investment professional look at your tax return?

Having the wrong financial advisor can potentially end up causing you a huge headache. If you are not sure whether you have the right financial advisor, please take this quick test. It can help you see if your advisor is accurately reviewing
opportunities and strategies to help reduce your tax bill.

Please answer Yes or No to all of the following questions.

1. Is the tax basis for all of your existing investments listed on your statements?……………………..YES / NO

2. Did your investment professional prepare a full listing for your accountant of all of your completed transactions this past year along with the tax loss or gain?………………….YES / NO

3. Did your investment professional do a full review of your tax forms and show you how your investments are impacting your tax forms?………………………………………………………………YES / NO

4. Did your investment professional review your retirement withdrawal to see if the amount you are taking is appropriate for you?………………………………………………………………….YES  / NO

5. Did your investment professional review any interest you earned this year and the sources of that interest to see whether or not this is the most appropriate place for that money?………..YES /NO

6. Did your investment professional take a look at all of your dividends this year and review the appropriateness of those?………………………………………………………………………………YES / NO

7. Did your investment professional offer you a report on the steps investors can take to help reduce their taxes?………………………………………………………………………………………YES / NO

8. Did your investment professional review item by item your tax returns and your investment statements to determine if your tax plan is coordinated with your investment plan?…………….YES / NO

9. Does your investment professional consider tax consequences and tax alternatives each and every time they make a recommendation?………………………………………………………………..YES / NO

If you answered NO to three or more of these questions, then you may not be maximizing your tax strategies and you could be a candidate for a TAX HEADACHE!

For headache relief, call us at (203) 745-2021 and ask for Sam.

This questionnaire or any information provided after it is not to be taken as tax advice. We are financial advisors who review tax forms on a regular basis and work with licensed tax professionals who can offer tax advice. Any and all information shared or discussed should be reviewed by a licensed tax professional prior to making any investment decisions.

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